Pasadena Strawberry Festival Inc

Analysis

Pasadena Strawberry Festival Inc is a registered charity in United States, based in Pasadena, TX. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Pasadena Strawberry Festival Inc reported income of $904k and spending of $757k, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $535k to $904k (+69%), an average of +14% a year. The sharpest change came in the year to August 2021, when income rose by 232%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pasadena Strawberry Festival Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Centex Volleyball Club Inc ($904k), Black Hills Parks and Forests Association ($905k) and McFarland Hockey Inc ($904k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $93k. At year end it held assets of $783k against liabilities of $250, net assets of $783k. It reported 2 employees.